The charts below are extracted from NI 43-101 Technical Report, Condestable and Raul Deposits, Peru. Prepared for Iberian Minerals Corp. by SKR Consulting Engineers and Scientists, August 12, 2011 (Effective date December 31, 2010).
Resources
Mineral Resource Statement for the Condestable-Raul Copper Mine, Department of Lima, Peru, December 31, 2011
|
Resource Classification |
Tonnage (kt) |
Copper Grade (%) |
|
Raúl Mine |
|
|
|
Measured |
3,805 |
1.87 |
|
Indicated |
2,616 |
1.70 |
|
Total Measured and Indicated |
6,421 |
1.80 |
|
Inferred |
5,611 |
1.03 |
|
Condestable Mine |
|
|
|
Measured |
754 |
1.28 |
|
Indicated |
532 |
1.18 |
|
Total Measured and Indicated |
1,286 |
1.24 |
|
Inferred |
172 |
1.34 |
|
Combined Raúl and Condestable Mines |
|
|
|
Measured |
4,559 |
1.77 |
|
Indicated |
3,148 |
1.61 |
|
Total Measured and Indicated |
7,707 |
1.71 |
|
Inferred |
5,783 |
1.04 |
Reserves
Mineral Reserve Statement for the Condestable-Raul Copper Mine, Department of Lima, Peru, December 31, 2011
|
Reserve Classification |
Raúl and Condestable Mines |
|
Tonnage (kt) |
Cu Grade (%) |
|
Proven |
6,444 |
1.12 |
|
Probable |
4,222 |
1.05 |
|
Total proven and probable |
10,666 |
1.10 |
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Stock pile of ore at Condestable